Wal-Mart Stores Inc., the world's largest toy seller, has ordered its suppliers to meet a new set of children's-product safety requirements by this fall that goes far beyond existing government regulations. The standards include strict limits for lead and a broad array of other heavy metals and chemicals that have been linked to various medical and developmental problems in children. ( Wall Street Journal, Wednesday)
The profit motive at work.
FEE Timely Classic
The Self-Interest of Self-Regulation by J. Brian Phillips
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